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Whitehaven Coal Updates on Daily Buy-Back Progress

Story Highlights
  • Whitehaven Coal operates in the coal industry, producing thermal and metallurgical coal.
  • The company reported buying back 63,136 securities as part of its capital management strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Whitehaven Coal Updates on Daily Buy-Back Progress

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Whitehaven Coal Limited ( (AU:WHC) ) has provided an announcement.

Whitehaven Coal Limited announced a daily update on its ongoing on-market buy-back program, reporting the repurchase of 63,136 ordinary fully paid securities on the previous day. This buy-back initiative reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:WHC) stock is a Buy with a A$8.00 price target. To see the full list of analyst forecasts on Whitehaven Coal Limited stock, see the AU:WHC Stock Forecast page.

More about Whitehaven Coal Limited

Whitehaven Coal Limited operates in the coal industry, focusing on the production and export of high-quality thermal and metallurgical coal. The company is a significant player in the Australian market, catering to both domestic and international energy needs.

Average Trading Volume: 4,815,346

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$5.73B

For a thorough assessment of WHC stock, go to TipRanks’ Stock Analysis page.

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